Consultation
Last updated 29 June 2015
Closing date 24 July 2015

Status Complete

Bright-line test for sales of residential property

An officials’ issues paper, Bright-line test for sales of residential property, seeks feedback on the proposed final shape of the “bright-line” test announced by the Government in Budget 2015. The test will require income tax to be paid on gains from the sale of certain residential property bought and sold within two years.

Submissions closed on 24 July 2015.